Accounting Business Report

Balance SheetBalance Sheet J&J Manufacturing - 11701700 Level 1/30 Church Ln, Melbourne VIC 3000, Melbourne Victoria 3000, Australia

Accr u a l mo d eAccr u a l mo d e 3 0 Ju n 2 0 2 03 0 Ju n 2 0 2 0

Generated 10 May 2020

T o ta lT o ta l

Asset

Current Assets

1-1000 Cash at bank 228,880.50

1-1400 Supplies 54,472.73

1-1800 Accounts receivable 37,090.00

1-1805 Provision for doubtful debts -850.00

T o ta l Cu r r e n t Asse tsT o ta l Cu r r e n t Asse ts 3 1 9 ,5 9 3 .2 33 1 9 ,5 9 3 .2 3

Fixed Assets

1-2200 Motor vehicles 72,000.00

1-2205 Accumulated depreciation – motor vehicles -54,000.00

T o ta l F ixe d Asse tsT o ta l F ixe d Asse ts 1 8 ,0 0 0 .0 01 8 ,0 0 0 .0 0

T o ta l Asse tT o ta l Asse t 3 3 7 ,5 9 3 .2 33 3 7 ,5 9 3 .2 3

Liability

Current Liabilities

2-1200 Accounts payable 39,000.00

2-1300 Advance Received 4,000.00

2-2200 GST collected 17,790.41

2-2400 GST paid -18,374.91

T o ta l Cu r r e n t L ia b ilitie sT o ta l Cu r r e n t L ia b ilitie s 4 2 ,4 1 5 .5 04 2 ,4 1 5 .5 0

Long Term Liabilities

2-3400 Bank loan 35,000.00

T o ta l L o n g T e r m L ia b ilitie sT o ta l L o n g T e r m L ia b ilitie s 3 5 ,0 0 0 .0 03 5 ,0 0 0 .0 0

T o ta l L ia b ilityT o ta l L ia b ility 7 7 ,4 1 5 .5 07 7 ,4 1 5 .5 0

Ne t Asse tsNe t Asse ts 2 6 0 ,1 7 7 .7 32 6 0 ,1 7 7 .7 3

Equity

Current Earnings

3-1800 Current year earnings 10,310.73

T o ta l Cu r r e n t Ea r n in g sT o ta l Cu r r e n t Ea r n in g s 1 0 ,3 1 0 .7 31 0 ,3 1 0 .7 3

Retained Earnings

3-2000 Retained earnings 164,867.00

T o ta l Re ta in e d Ea r n in g sT o ta l Re ta in e d Ea r n in g s 1 6 4 ,8 6 7 .0 01 6 4 ,8 6 7 .0 0

3-1100 Share capital 85,000.00

T o ta l Eq u ityT o ta l Eq u ity 2 6 0 ,1 7 7 .7 32 6 0 ,1 7 7 .7 3

J&J Manufacturing - 11701700 | Generated 10 May 2020 Page 1 of 1